Luxury brands are showing interest in accepting cryptocurrency payments, following the record rally of bitcoin. Brands like Printemps and Binance have already partnered to accept crypto payments, with other luxury labels also expressing interest.

Source: https://www.pymnts.com/topic/crypto/

Crypto payments and stablecoins are driving innovation in transactions, offering faster, cheaper, and more autonomous transactions for consumers, and predictable value for businesses, all thanks to blockchain technology.

Source: https://www.pymnts.com/topic/crypto/

Chainalysis has acquired Hexagate, a security provider for companies like Coinbase and Consensys, to combat crypto theft and expand its business beyond investigations.

Source: https://www.pymnts.com/topic/crypto/

American Express has seen significant growth in virtual cards for business-to-business (B2B) payments, which offer enhanced fraud protection, automation, and flexibility compared to traditional methods.

Source: https://www.pymnts.com/topic/crypto/

The payments industry must balance frictionless user experience with robust risk management, particularly in eCommerce. This requires leveraging technological advancements such as device information, geolocation, and behavioral biometrics to maintain fast transactions while managing inherent risks.

Source: https://www.pymnts.com/topic/crypto/

Source: https://www.pymnts.com/topic/crypto/

PYMNTS offers a daily newsletter called PYMNTS Today, which can be subscribed to by completing a form.

Source: https://www.pymnts.com/topic/crypto/

B2B payments are evolving to become faster, more efficient, and secure. Businesses are looking for solutions that leverage technology, partnerships, and understanding of B2B transaction needs. This week's trends show a shift towards using AI and automation to streamline bookkeeping, accounting, and operational processes, as well as optimize payment workflows. A challenge remains in overcoming institutional inertia.

Source: https://www.pymnts.com/topic/crypto/

FV Bank, a US-licensed bank, now supports direct USDT stablecoin deposits to simplify cross-border transactions and reduce reliance on traditional wire transfers and fees.

Source: https://www.pymnts.com/topic/crypto/

Finance teams face complex challenges due to rising regulatory pressures and evolving business models. Traditional tools are insufficient, and AI and blockchain technologies are emerging to meet these demands.

Source: https://www.pymnts.com/topic/crypto/